Compute the mean and standard deviation of the hpr on
Suppose your expectations regarding the stock market are as follows:
State of the Economy Probability HPR Boom 0.3 36% Normal growth 0.5 18 Recession 0.2 -12 Picture Use above equations to compute the mean and standard deviation of the HPR on stocks
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suppose your expectations regarding the stock market are as followsstate of the economy probability hpr boom 03 36
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